
Oregon has been identified as one of the leading places on the planet for the harnessing of geothermal power, which is derived from the heat naturally occurring inside the earth. Most current technology sends water into the earth where it is heated into steam, which then comes back out and turns a turbine that produces electricity. Geothermal power plants have the smallest surface footprint among renewable forms of energy.
Many environmentally consciences college students were pleased when the Oregon Institute of Technology decided to build a $7.6 million geothermal power plant on campus to become the only university to be powered completely by geothermal energy.
Last year, $3 billion was invested in disclosed geothermal deals in 2007 and more than $30 billion could be invested in the coming years world-wide. Central Oregon's Newberry Crater is said to be one of the best geothermal resource in the world. A proposed plant there would be at least a $400 million projects, bringing much needed money and jobs to the region. The project could power as many as 100,000 homes, would have almost zero emissions, would have low visibility compared to other power plants, and is a truly renewable resource. It would offset millions of tons of CO2 per year.
Unfortunately, small fringe groups in Oregon have succeeded in stopping this environmentally friendly advancement.
Photo: An Italian geothermal plant.
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